From the Contract of the Century to the green transition: Azerbaijan’s enduring energy partnership with Europe
In an era of energy insecurity, driven by rising geopolitical tensions and conflicts, Azerbaijan stands out for its strategic and forward-looking approach to energy
Fuel imports to Serbia fall amid low water levels, global disruptions
Only 25% of planned July imports of petroleum products into Serbia have arrived, due to low Danube water levels, alongside global market disruptions and high prices, while stocks are dwindling
Serbia not satisfied with MOL’s latest proposal for oil company NIS takeover
The main stumbling block in the negotiations with MOL concerns NIS' oil refinery and the supply of the Serbian market with oil products
Romania to take control of Lukoil’s assets
Romania wants to take control of Lukoil's operations to get an exemption from US sanctions. It's unclear whether the government would nationalize the assets
Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe
Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
OMV opens Austria’s largest green hydrogen plant
OMV put into operation its 10 MW green hydrogen plant at the Schwechat refinery. It can produce 1,500 tons per year.
Hellenic Petroleum becomes HELLENiQ Energy to move into sustainability era
Hellenic Petroleum changed its name to HELLENiQ Energy, saying it wants to leave behind a legacy structure and clear the way for renewables
Hellenic Petroleum completes biggest solar power plant in Greece, acquires 303 MW PV portfolio in Florina
Greek refiner ELPE concluded the construction of the largest PV plant in Greece, a 204 MW project in Kozani